Ally vs. SoFi [2025]: More Account Options or Higher APYs
Ally and SoFi both offer strong APYs and nationwide ATM access.
SoFi leads with higher APYs, while Ally offers CD options.
Comparison of Ally and SoFi
Both Ally and SoFi are online-only and offer higher APYs than traditional banks.
They have no account fees or minimums, but SoFi has higher rates and more deposit options.
- No account fees
- No minimums
- Higher APYs than traditional banks
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Author's summary: Ally and SoFi offer competitive APYs and services.